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20121201
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
. china, obvioussy, has plans to fix all of that with a little help from the american taxpayer and, of course, the president. wile we focus on the fiscal cliff negotiations, or more appropriately the impasse, many of our state governments aren't in much better shape. state pension systems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almost $4 trillion. leading is california with more than $370 billion in unfunded pension liabilities, only 47% are currently funded. a pension debt per household in california of almost $30,000. illinois close behind, $167 billion in unfunded liabilities, 28% funded, and the state pension debt per household amounting to over $34,000. in municipal bonds illinois sold over $5 billion in bonds this year making it the third biggest debt issuer in the first three quarters this year. california and new york, numbers one and two with. the issue of unfunded pension liabilities with the passage of right-to-work laws is a subject that i'm going to be taking up with our next guest. -@mallory factor, author of can the bestseller,
for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next >> british banking giant, hsbc agreed to pay a record dollars 1.9 billion to settle allegations it landerred money from mexican drug lords, and sanctions transactions from iran illegally. lenny brewer said that the scale of hsbc's operation was stunning. >> at least one occasion, hsbc instructed a bank in iran on how to format payment messages so that transactions would not be blocked or rejected by the united states. lou: brewer however also defended the decision to not prosecute the bank, he said. if authorities pressed charges hsbc would almost certainly have lost its banks license here in this country which would have cost thousands of jobs, joining us now to assess this, and more, former prosecutor alease wheel, and artie idala . is --
has a healthy respect for government efficiency, at least in china, ge's ceo's stunning analysis of the communist economic and political system. record finds for wall street's money laundering bank of record, mexican drug cartels, middle east terrorists, african dictators all among hsbc's clientele, and no one is going to jail? why not? legal experts join us here next. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which inclus investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-sizprice. this is awesome. [ male annncer ] yes, it is, business pro. yes, it is. go
of an increase of industrial production in china and the united states. a barrel of oil now just under $87. eighteen days from the fiscal cliff. the president looking back, addressing claims that he wants to create a socialist system in this country. the president saying if he had been president 25 years ago, there would be a shockingly different view of him and his politics. >> the truth of the matter is that my policies are so mainstream that if i had said the same policies, i have had been considered a moderate republican back then. lou: i don't know whether he believes that or not. it is great have a team with us. >> i'm not sure he could have gotten elected 25 years ago as a kid. obviously, he was pretty social step backward in time. lou: he says he has outgrown all that. >> by the definition of what you are, he is pretty left-sided as far as i'm concerned the. lou: the idea that the president came back in the so-called negotiations. it is either a farce of this process or whatever you want to call it -- but telling speaker boehner that all he really wants your is $1.6 trillion in tax
-tech immigrants from the united states returning home to china. lou: democrats to feed the stamp act, science, technology, engineering, and mathematics. immigrants into this country who deserve it and to we desperately want to have your while we throw open our borders and our airports to people who are, for the most part, the majority of those illegal immigrants are not even high-school educated, lacks skills, like education. my god. and they do so rejecting that law, that bill and prevent it from becoming law because they want to have a lottery. for crying out loud. the absurdities compound themselves. >> in general we have to recognize that the individual entrepreneur with special skills and contributions to american produce all the jobs, and they are the ones who are getting rich, who are punished by any increase in marginal tax rates. the already rich -- lou: what about the young man or woman in this country who is not an entrepreneur, is not a big shot, is not in middle management in a big corporation. they won a break. they won an opportunity. they want to live the american dream. why c
considerable suggestion from the russians. we are also assessing what is going on with china, but it appears that there is a broadening acknowledgement that the days of a sob are nearing an end. your thoughts? >> i think this statement by russian deputy foreign minister is quite significant. this is the first visible sign the russians think that he cannot be saved. there has never been any doubt about that. if he is about to lose power throughout the country and the opposition takeover, the russians have to be very worried about their naval base, the direction and new government will take, what this means for their position in the middle east as a whole. i hope they don't decide it will go after somebody like mohammad morrissey. lou: is there any possibility in your mind what we are watching is a bit of a ruse? that there is a deal and that russia is just simply letting events transpire to persuade others that they simply lost this when in fact they have assurances from the u.s. for their naval base and for continued representation, presence in the region? >> it is possible, but it does not
, china number one followed by japan, bril disa, -- brazil, a assistant third. the cliff negotiations, speaker boehner's offer of a tax rate hike for those making more than a million a year, and speaker boehner reportedly also willing to postpone the debt ceiling issues for at least a year, unclear how. white house aides cite it as progress. joining us lou lehr man, american historian, and great american. >> great to be here always, lou. lou: this is wonderful to watch. the equity market responds at just the suggestion that the two men are actually talking, if talking by one another. what are your thoughts? >> well, the fear and trem ling -- trembling that's spread all over the country and the world about american falling off the cliff, and thus a recession in the united states, the biggest economy in the world, can cause a temporary spurt in activity; however, it shouldn't be forcen freeding this was the federal reserve's qe4 announcement, a trillion dollars in a single year, recreation of new money, money makes it go. lou: you are suggesting that a lousy extra $45 billion a month fr
Search Results 0 to 19 of about 20 (some duplicates have been removed)